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10 things you need to know before European markets open

Good morning! Here's what you need to know. Deutsche Bank fell in New York trading. Hedge funds have reduced their exposure to the lender, setting up a potential showdown with German authorities. Renzi had tough words on Brexit. Italian Prime Minister Matteo Renzi said Britain should not expect special treatment in Brexit talks, as the British trade minister warned the EU would hurt itself if it imposed tariffs.
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